Robert M. Gervis - Jun 1, 2021 Form 4 Insider Report for ASPEN AEROGELS INC (ASPN)

Role
Director
Signature
/s/ Poongunran Muthukumaran, Attorney-in-Fact
Stock symbol
ASPN
Transactions as of
Jun 1, 2021
Transactions value $
$0
Form type
4
Date filed
6/3/2021, 04:24 PM
Next filing
Nov 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASPN Common Stock Award $0 +2.49K +1.82% $0.00 139K Jun 1, 2021 Direct F1
holding ASPN Common Stock 72.5K Jun 1, 2021 Held by Robert Gervis 2014 Grantor Retained Annuity Trust F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ASPN Common Stock (Right-to-Buy) Award $0 +3.09K $0.00 3.09K Jun 1, 2021 Common Stock 3.09K $20.49 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted restricted shares of common stock representing a portion of the annual grant of equity for service as a non-employee director pursuant to the Issuer's Non-Employee Director Compensation Policy. These restricted shares will vest on the earlier of (a) June 1, 2022, or (b) the day prior to the Issuer's annual meeting of stockholders to be held in 2022.
F2 Represents shares held by Robert Gervis 2014 Grantor Retained Annuity Trust, of which the reporting person is a beneficiary and his spouse is trustee.
F3 The reporting person was granted options representing the remaining portion of the annual grant of equity for service as a non-employee director pursuant to the Issuer's Non-Employee Director Compensation Policy. The options will vest on the earlier of (a) June 1, 2022, or (b) the day prior to the Issuer's annual meeting of stockholders to be held in 2022.